Pro/con: Would push to tap energy cornucopia speed US recovery?
November 23, 2012 at 6:00 pm in Duluth News Tribune
Yes: It would be a blessing for all Americans Continue Reading
Pro/con: Would push to tap energy cornucopia speed US recovery?
One Comment
A cornucopia refers to several ingredients and the story is singularly about fracking and natural gas and the headline writer wants you to believe it is a ‘blessing’. But it is written by the US Chamber of Commerce a bastion of old school concepts and defender of the Koch Brothers fraternity. The US is already exporting gasoline, so being a net energy exporter is old news. At least they didn’t dredge up the ‘saudia arabia of coal’ nonsense as per the party line.
One telling point about the chamber is that they refused to endorse the concept of guaranteeing a percentage of tar-sand fuel to stay in the US. They are all about taking the pipeline risk, and will talk about its potential effect at the pump, but guaranteed supply to the US and economics are no where in sight. That product will continue across the country and out the other side to the highest bidder. The only ones benefiting will the the old boy fraternity members.
They have a nice 20 year plan. Then what? Supposedly these are the US business leaders and all they have is 20 years worth of thinking for a commodity that every generation will be dependent on. There is a lot to be read between these lines.
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